Category : Banking


Russia's Sberbank to Invest in Indian Capital Markets

Russia's largest bank, Sberbank, announces major India push: investing in govt securities, enabling Nifty50 access for Russian retail investors, and expanding operations. CEO Herman Gref reveals plans during Putin's Delhi visit.

LIC's Voting Pattern: Insurer or State Tool?

Mint's investigation reveals LIC's inconsistent voting, raising questions about its dual role as a public insurer and a strategic state investor. Explore the implications for millions of policyholders.

RBI MPC Meeting Begins, Rate Decision Due Dec 5

The RBI's Monetary Policy Committee has started its crucial meeting. The decision on key interest rates, expected on December 5, comes amid falling inflation and strong GDP growth. Read the full analysis.

Chinese Banks Scrap 5-Year High-Yield Deposit Products

Top Chinese banks, including ICBC and AgBank, have removed high-interest 5-year certificates of deposit to cut costs. This move aims to ease pressure on record-low profit margins as lenders support the economy. Learn the implications for savers and the ba

Rupee holds near 90/dollar as shaky sentiment weighs

The Indian rupee is expected to open near 90 per dollar on Dec 3, with fragile sentiment and capital flows overshadowing a softer US dollar. The currency hit a record low of 89.9475 on Tuesday. Read the full analysis.

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